Recent Commercial Real Estate Transactions



33 and 35 Howard Avenue (between Broadway and Lafayette Avenue)


These two buildings in SoHo total 16,000 square feet with additional air rights. The three-story building at 33 Howard is for commercial and retail use. The five-story building at 35 Howard has commercial space below three full-story penthouses on the two lower floors. For nearly two decades, the clothing retailer Opening Ceremony has occupied the commercial space of both buildings, which were handed over to the buyer empty. All three flats are occupied.

Buyer: Javeri Capital

Sales person: Spitzer family

Broker: Josh Goldflam and Charles Chang of Highcap Group

$20/SQ. FT.

$1.46 million approximate annual rent

84-00 73rd Street (Between 80th and 88th Streets)


City Lumber has signed a 12-year lease for this one-story, 73,000-square-foot building in the Glendale neighborhood. The property, which was built in 1960 and also has 32,500 square meters of open space, was previously covered by a five-year lease with a division of the Metropolitan Transportation Authority. City Lumber is moving its headquarters and warehouse to the site.

Tenant: City Timber

Tenant’s brokers: Josh Berger and Alex Lubin of Norman Bobrow & Company

Lessor: Ren Hoek Real Estate

Host’s broker: Paul J. Yuras of DY Realty

11 dollars MILLION

440 Bergen Street (on Fifth Avenue)


Built in 1920, this four-story, 10,000-square-foot building in Park Slope includes five five-bedroom apartments and one rent-fixed three-bedroom apartment. The ground floor is occupied by a sushi restaurant, Wasan Brooklyn, and a bar. The building was last sold in 1998.

Sales person: Bergen LLC

Broker: Derek Bestreich, Luke Sproviero, Adam Lobel, Gabriel Kates, Toby Waring and Daniel Shawah of Bestreich Realty Group


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